A question / suggestion for billers - could cascading rebills work?
 

As the title says, I was reviewing the April stats and the number of failed rebills is quite alarming.

Trying to think about how to improve the ratio.

I guess practically, the one that pays would have to sign up for both billers (almost like a cross sell) while there would be an alternative if the initial charge would fail to rebill with the original biller.

If this would be possible, would this be ok from the VISA / MC point of view?

I'm sure all sides involved would immediately make more money.

Could something like this work?

i guess it's against of Visa and MC terms...

not legal as far as I know.

The customers will cb your ass...:winkwink:

I would think that if they successfully signed up for the initial but were declined a rebill a month later, that the problem is insufficient funds and cascading would not help. There's no scrubbing with rebills as far as I know, you are just recharging the same customer who is already established in the system.

Not True..

I was searching for the reasons - only 10 pct. of rebills failed due to insufficient funds or expired card date.

I've already asked them for a clarification, what do the other reasons mean.

It's actually that 21.7 pct. of all rebills failed, that's quite a lot of money.

You can't share CC data amongst billers (with very few and slim exceptions, before someone decides to jump on me)

its probably because banks are fucking customers in the ass so hard that you are seeing a lot of failures.